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What security features are in place for BDO MB App?

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Similar to the stringent security standards currently in place for BDO Online Banking, the bank employs strict security requirements for its MB App as follows:

  1. The system has two-factor authentication (device registration and One Time Password).

  2. The MB app requires device registration.

  3. The MB App system is PCI-DSS* compliant.

  4. The MB App system is Verisign Certified.

  5. Top 10 OWASP** list of most dangerous web application security flaws are addressed by the system.

  6. The system does not allow storage of sensitive account information on the phone such as account numbers, card numbers, password etc.

 

*PCI-DSS - Payment Card Industry-Data Security Standard

**OWASP - Open Web Application Security Project